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Bread and Circuses (@breadandcircuses) · 11/2022 · Tröts: 4.101 · Folger: 9.439
Mo 29.07.2024 14:29
We were so innocent back then… do you remember? Back when we actually believed the US and the UK and other wealthy western countries would show the world how we can defeat climate change?
That was then, but this is now.
Read this important in-depth article on how five rich nations — led by the US — are doing far more serious damage to our future than anyone else.
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A surge in new oil and gas exploration in 2024 threatens to unleash nearly 12 billion tonnes of planet-heating emissions, with the world’s wealthiest countries – such as the US and the UK – leading a stampede of fossil fuel expansion in spite of their climate commitments.
The new oil and gas field licences forecast to be awarded across the world this year are on track to generate the highest level of emissions since those issued in 2018, as heatwaves, wildfires, droughts, and floods cause death and destruction globally.
Classic “petrostates” such as Saudi Arabia or Russia – which rely heavily on oil and gas revenues to balance their budgets – have faced criticism for slowing action on the climate crisis. Yet countries including the UK, the US, Canada, Norway, and Australia are increasingly being thought of by some experts as the “other petrostates,” given they have access to financial and technological resources that would make the energy transition less disruptive.
While they are often portrayed as climate leaders on the world stage, these five wealthy countries are responsible for more than two-thirds (67%) of all new oil and gas licences issued globally since 2020.
“The hypocrisy of wealthy nations, historically responsible for the climate crisis, is staggering as they continue to invest heavily in fossil fuels – putting the world on track for unimaginable climate catastrophe while claiming to be climate leaders,” said Harjeet Singh, global engagement director for the Fossil Fuel Non-Proliferation Treaty Initiative. “Despite having the economic means to transition away from fossil fuels, these nations are petrostates choosing profit over the planet, undermining global efforts to avert the climate emergency.”
Under the Biden administration, the US has handed out 1,453 new oil and gas licences, accounting for half of the total globally and 83% of all licences handed out by wealthy nations. This is 20% more than during the term of Donald Trump.
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FULL ARTICLE -- https://www.theguardian.com/environment/article/2024/jul/24/new-oil-gas-emission-data-us-uk
#Environment #Climate #ClimateChange #ClimateCrisis #Capitalism #BusinessAsUsual
Screenshot from linked article. Headline says - "Revealed: Wealthy western countries lead in global oil and gas expansion. The US and the UK among countries with low dependence on fossil fuels criticized for hypocrisy on climate pledges." Below this is a photo of oil and gas drilling rigs off the coast of Scotland.
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